Retirement
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X @Investopedia
Investopedia· 2025-12-06 19:00
You can continue to fund an IRA after retirement, but you must have earned the income for it to be considered compensation for the purposes of contributing to an IRA. https://t.co/EfIkr4IhgP ...
X @The Wall Street Journal
The Wall Street Journal· 2025-12-06 11:50
As we leave our jobs and as we get older, there’s so much loss. But there’s also a lot to celebrate. https://t.co/crDzGrfSfm ...
X @The Economist
The Economist· 2025-12-06 11:40
Demographic Trends - Europe faces the challenge of an ageing population [1] - European politicians are concerned about the potential reaction from retirees [1]
X @Forbes
Forbes· 2025-12-05 15:26
The Best Places To Retire For Americans In 2026, According To International LivingDiscover the best places to retire abroad in 2026, from Greece to Malaysia, with the annual Retirement Index from International Living. These ten destinations stand out for visas and quality of life.https://t.co/W5vgUNylB0 (Photo: Getty Images) ...
I’m 61 and being ‘invited’ to retire due to cost cuts, and leadership sees me as savings. What do I do?
Yahoo Finance· 2025-12-05 12:41
Core Insights - The article discusses the four phases of retirement as outlined by Dr. Riley Moynes, emphasizing that unexpected retirement can alter these phases significantly [4][7]. Group 1: Phases of Retirement - The Vacation Phase: Retirees initially enjoy freedom but may feel unprepared if retirement is forced [3]. - The Lost Phase: Many retirees miss the structure and purpose of their previous jobs, and establishing a routine can help [2]. - The Trial and Error Phase: Retirees experiment with new activities, which may not always be enjoyable, but should be viewed as learning experiences [1]. - The Reinvest and Rewire Phase: This phase allows retirees to shape their post-career life, focusing on relationships and personal projects [7]. Group 2: Financial Preparedness - A Transamerica survey indicates that 58% of retirees left the workforce earlier than planned, with 43% citing job loss or organizational changes as reasons [4]. - Only 21% of early retirees were financially prepared, highlighting a significant gap in retirement savings [8]. - The Federal Reserve reported that the median retirement savings for individuals aged 55 to 64 was $185,000 as of 2022 [8]. Group 3: Financial Management Strategies - Assessing assets and understanding which funds are accessible without penalties is crucial for managing finances post-retirement [9][10]. - Safe-haven assets like gold have surged by about 60% in value this year, providing a potential financial security option for retirees [11]. - JPMorgan predicts gold prices could average $5,055 per ounce by the end of 2026, indicating a bullish outlook for this asset [12]. Group 4: Social Security and Healthcare - Delaying Social Security benefits until full retirement age can maximize monthly payouts, and consulting a financial advisor can help retirees make informed decisions [15]. - Medicare coverage begins at age 65, and retirees may need to explore alternative health insurance options if they retire earlier [18]. Group 5: Emergency Funds and Budgeting - Establishing an emergency fund covering six to twelve months of expenses is essential for managing unforeseen costs during retirement [19][20]. - Budgeting apps like Rocket Money can assist retirees in tracking expenses and managing their finances effectively [22][23].
X @The Wall Street Journal
The Wall Street Journal· 2025-12-05 05:18
As we leave our jobs and as we get older, there’s so much loss. But there’s also a lot to celebrate. https://t.co/F3JdeAXTq6 ...
More than $1.5 million raised for 88-year-old Army vet after viral video
NBC News· 2025-12-05 04:00
Just seen if I could have help scanning this. Thank you. What was your name.>> Ed. >> 88-year-old Ed Bambus clocks into his grocery store job 5 days a week. >> I'm 88 >> and still working.>> Yes, I have to. >> The Army veteran worked for General Motors, but says his pension was wiped out when the company went bankrupt back in 2012. thing that uh hurt me the most was my wife was real sick and they uh when they took the pension, they also took the healthc care coverage.I sold the house and we made it through. ...
X @The Economist
The Economist· 2025-12-03 18:20
Baby-boomers are keeping their bad habits into retirement https://t.co/JV3ysOXPDC ...
X @Wu Blockchain
Wu Blockchain· 2025-12-03 04:59
Mark Moss: How Much Bitcoin Does Most People Need to Retire Financially FreeAmerican entrepreneur and venture capitalist Mark Moss shared unique insights on the question "how much Bitcoin one needs to hold to achieve financial freedom after retirement" during an interview with Coin Stories host Natalie Brunel on October 14th. He argued that the traditional logic of "selling assets for retirement" is flawed, noting that the core strategy of wealthy individuals lies in accumulating assets and leveraging debt ...
X @Wu Blockchain
Wu Blockchain· 2025-12-02 23:34
Mark Moss: How Much Bitcoin Does Most People Need to Retire Financially FreeAmerican entrepreneur and venture capitalist Mark Moss shared unique insights on the question "how much Bitcoin one needs to hold to achieve financial freedom after retirement" during an interview with Coin Stories host Natalie Brunel on October 14th. He argued that the traditional logic of "selling assets for retirement" is flawed, noting that the core strategy of wealthy individuals lies in accumulating assets and leveraging debt ...